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TI: OMAP isn't up for grabs

Posted: 19 Aug 2011 ?? ?Print Version ?Bookmark and Share

Keywords:ARM-based? applications processor? wireless connectivity?

A spokesperson from Texas Instruments Inc. has sent an email clarifying the rumor that is circulating the press that it is selling its OMAP business. The TI spokesperson set the record straight saying that the company's OMAP division is not for sale.

Could Intel be interested in TI's OMAP division?
The Semi Conscious blog gives the rundown on why Intel is a possible suitor for the OMAP line. Read more of the article here.

"To be clear, these are rumors, plain and simple," the spokesperson said. "They are not true, and were not started by TI. TI remains committed to our core wireless business, which encompasses the OMAP applications processors and wireless connectivity solutions. And, we are committed to helping our customers succeed in the marketplace."

Speculations of OMAP's potential sale have been circulating for several weeks.�Rumored suitors for the OMAP division included Broadcom Corp. and Advanced Micro Devices Inc. Last week, Will Strauss, principle analyst at market research firm Forward Concepts Inc., speculated that even Intel Corp. might be a potential fit for the ARM-based OMAP line.

TI previously declined to comment on the rumors, citing long-standing company policy not to comment on rumors or speculation about mergers, acquisitions or divestitures.

- Dylan McGrath
??EE Times

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